LAPEER COMMUNITY SCHOLARSHIP & STUDENT LOAN FUND (EIN 383415982) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1959

Legal Domicile

Principal Officer

ARTHUR R SIETING

Phone

8106647202

Tax Period

2024-07-01 to 2025-06-30

LAPEER COMMUNITY SCHOLARSHIP & STUDENT LOAN FUND, founded in 1959, is a micro nonprofit in the Education sector that reported $33K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $9K, a strong 27% operating margin.

Mission

TO ASSIST GRADUATES OF LAPEER COMMUNITY SCHOOLS IN THE FINANCING OF THEIR ADVANCED STUDIES. THIS ASSISTANCE IS GIVEN IN THE FORM OF SCHOLARSHIPS AND LOANS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $10,630

Program Service Revenue $3,191

Investment Income $17,601

Other Revenue $1,400

TOTAL REVENUE $32,822

Expense Breakdown

Grants Paid $16,000

Salaries & Benefits $3,400

Fundraising Expenses $0

Program Expenses $23,301

Other Expenses $4,413

TOTAL EXPENSES $23,813

Year-over-Year Comparison

	2024	2023	Change
Revenue	$32,822	$28,083	+0.2%
Expenses	$23,813	$22,315	+0.1%
Net Income	$9,009	$5,768	+0.6%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$2,400

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER BATISTONI	TREASURER	0.50	Officer Director	$0	$0	$0
ADAM SCHLUSLER	DIRECTOR	0.50	Director	$0	$0	$0
ARTHUR R SIETING	PRESIDENT	2.00	Officer Director	$0	$0	$0
SUSAN WILMERS	EXEC SECRETA	5.00	Officer	$2,400	$0	$2,400
JEFF STANTON	DIRECTOR	0.50	Director	$0	$0	$0
JASON LARSON	DIRECTOR	0.50	Director	$0	$0	$0
ROBERT DENNANY	VICE-PRESIDE	0.50	Officer Director	$0	$0	$0
MATT WANDRIE	DIRECTOR	0.50	Director	$0	$0	$0
SALLY MILLER	DIRECTOR	0.50	Director	$0	$0	$0
JENNIFER TAYLOR	DIRECTOR	0.50	Director	$0	$0	$0
MELISSA HOPKINS	LOAN SECRETA	2.00		$1,000	$0	$1,000

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$32,822	$23,813	$592,316	$9,009
2024	$28,083	$22,315	$569,411	$5,768
2023	$22,776	$20,663	$541,351	$2,113
2022	$39,153	$21,679	$527,048	$17,474
2021	$21,651	$20,548	$542,513	$1,103
2020	$21,671	$19,278	$516,572	$2,393

LAPEER COMMUNITY SCHOLARSHIP & STUDENT LOAN FUND